Sam Lee’s VidiLook Ponzi scheme has collapsed.

Withdrawals have been disabled pending a baloney exit-scam, which sees Sam Lee sell Vidilook to… himself.

Following
Vidilook seizing invested VDL Coin and slashing daily returns
for non-recruiters a few days ago, VidiLook entered crisis mode.

Sam Lee’s answer to that is coming up with a baloney ruse, through which his StableDAO Ponzi platform will acquire VidiLook.

As per a message pushed out through VidiLook’s social media channels a few hours ago;

Today, VidiLook requested our support towards helping their paid subscribers.

Having independently listened to the needs of subscribers and executives, we at STABLE DAO decided to guarantee going concern (Ozedit: ???).

To protect users, StableDAO intends to fully acquire VidiLook subject to due diligence.

StableDAO’s due-diligence will see the company perform an open-ended timeline audit of VidiLook.

And naturally VidiLook withdrawals will be disabled while this takes place.

As I understand it VidiLook withdrawals have been disabled since last week anyway.

The obvious elephant for anyone with half a brain is that Sam Lee owns both StableDAO and VidiLook.
VidiLook launched in early 2023
as StableDAO’s second Ponzi spinoff.

StableDAO’s “acquisition” and “audit” of VidiLook are baloney. Sam Lee is just buying time to further separate VidiLook investors from their money and clean up any paper trails.

Beyond that there’s not really much more to say. Sam Lee is a serial Ponzi scammer doing Ponzi things.

Between HyperCash,
HyperCapital
,
HyperFund
,
Hyperverse
,
HyperOne
and
HyperNation
, anyone expecting otherwise deserves to be utterly ridiculed at this point.

Update 23rd April 2023 – 
VidiLook has announced it has
disabled over 10,000 investor accounts
.

KYC has also been implemented to further screw VidiLook investors out of withdrawing funds that don’t exist.

Update 17th May 2023 – 
Sam Lee claims he’s
stopped funding VidiLook V1 withdrawals
.

🤖 Quick Answer

What happened to VidiLook?
VidiLook, a cryptocurrency investment platform operated by Sam Lee, collapsed after disabling withdrawals and reducing daily returns for non-recruiters. The operator announced a purported acquisition by StableDAO, another platform also associated with Sam Lee, in what analysts characterize as a restructuring mechanism.

Why did VidiLook face financial difficulties?
VidiLook seized invested VDL Coin holdings and significantly reduced daily returns for participants who did not recruit new members. These actions triggered subscriber concerns and prompted the platform's transition into crisis management protocols.

What is StableDAO's stated role in VidiLook's situation?
StableDAO announced intentions to acquire VidiLook to protect users and guarantee business continuity. The acquisition was presented as a solution to address subscriber needs, though the operational independence of both entities remains subject to scrutiny.

🔗 Related Articles

- Zionix Global Ponzi to reboot for third time
- Authorities to target banks helping to facilitate MMM Nigeria Ponzi scheme
- No criminal charges pending against Krassenstein brothers
- GSPartners hides Driven Properties partnership in Germany
- Avlitex trading fraud warning from Belgium